GARMO MASKIN AS

2680 VÅGÅ

Finances

Return on Equity

20,61 %

Current Ratio

3,87

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 575 000	2 031 000	2 306 000	2 455 000
Net Income	460 000	−130 000	−45 000	24 000
Total Assets	2 962 000	2 437 000	2 749 000	2 910 000
Total Equity	2 232 000	1 772 000	1 902 000	1 947 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 575 000	2 031 000	2 306 000	2 455 000
Expenditure	1 990 000	2 194 000	2 345 000	2 410 000
Operating Profit	585 000	−163 000	−38 000	44 000
Financial Income	19 000	13 000	4 000	19 000
Financial Costs	14 000	17 000	22 000	29 000
Financial Balance	5 000	−4 000	−18 000	−10 000
Earnings Before Tax	590 000	−167 000	−57 000	34 000
Tax	130 000	−37 000	−13 000	10 000
Net Income	460 000	−130 000	−45 000	24 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	442 000	566 000	522 000	585 000
Total Current Assets	2 520 000	1 871 000	2 226 000	2 325 000
Total Assets	2 962 000	2 437 000	2 749 000	2 910 000
Total Retained Equity	1 917 000	1 457 000	1 587 000	1 632 000
Total Equity	2 232 000	1 772 000	1 902 000	1 947 000
Total Long-Term Debt	78 000	182 000	286 000	390 000
Total Current Debt	652 000	483 000	560 000	573 000
Total Equity and Debt	2 962 000	2 437 000	2 749 000	2 910 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 575 000	2 031 000	2 267 000	2 455 000
Other Income	0	0	39 000	0
Revenue	2 575 000	2 031 000	2 306 000	2 455 000
Cost of Goods Sold	157 000	304 000	291 000	288 000
Salary Costs	719 000	658 000	780 000	800 000
Depreciation	64 000	61 000	51 000	48 000
Impairment	0	0	0	0
Expenditure	1 990 000	2 194 000	2 345 000	2 410 000
Operating Profit	585 000	−163 000	−38 000	44 000
Financial Income	19 000	13 000	4 000	19 000
Financial Costs	14 000	17 000	22 000	29 000
Financial Balance	5 000	−4 000	−18 000	−10 000
Dividends	0	0	0	0
Net Income	460 000	−130 000	−45 000	24 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	61 000	25 000	37 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	48 000	65 000	10 000	12 000
Fixtures	264 000	312 000	360 000	408 000
Total Tangible Assets	312 000	377 000	370 000	420 000
Total Fiancial Fixed Assets	128 000	128 000	128 000	128 000
Total Fixed Assets	442 000	566 000	522 000	585 000
Stock	5 000	9 000	9 000	6 000
Total Investments	0	0	0	0
Cash, Bank	2 250 000	1 832 000	2 141 000	1 499 000
Total Current Assets	2 520 000	1 871 000	2 226 000	2 325 000
Total Assets	2 962 000	2 437 000	2 749 000	2 910 000
Total Equity	2 232 000	1 772 000	1 902 000	1 947 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	78 000	182 000	286 000	390 000
Creditors	139 000	179 000	140 000	188 000
Unpaid Taxes	318 000	183 000	267 000	251 000
Dividends	0	0	0	0
Other Current Debt	125 000	121 000	152 000	134 000
Total Current Debt	652 000	483 000	560 000	573 000
Total Equity and Debt	2 962 000	2 437 000	2 749 000	2 910 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,61 %	−7,34 %	−2,37 %	1,23 %
Debt-to-Equity Ratio	0,03	0,1	0,15	0,2
Operating Profit Margin	22,72 %	−8,03 %	−1,65 %	1,79 %
Current Ratio	3,87	3,87	3,98	4,06
Quick Ratio	3,89	3,95	4,04	4,1
Equity Ratio	0,75	0,73	0,69	0,67
Gross Profit Margin	93,9 %	85,03 %	87,38 %	88,27 %